# GBarena

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gbarena

- Industry: Internet
- Headquarters: Giza, Egypt
- Website: www.gbarena.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Jan 3, 2020)
- Investors on record: 2

## About

GBarena, Inc. is an innovative online platform that facilitates the organization of esports tournaments and challenges, enhancing the competitive gaming experience for players and event organizers alike.Founded in 2016 and headquartered in Giza, Egypt, GBarena, Inc. specializes in creating a platform for esports enthusiasts to connect and compete. The company has successfully completed 6 deals, with its most recent funding round occurring on October 11, 2021, where it raised USD 170,000 in SEED funding led by HIMangel and individual investors. The company was co-founded by Bishoy Mesdary, Mustafa Zaza, and Samer Wagdy, who also serves as the CEO.GBarena specializes in providing a robust online platform that focuses on organizing gaming tournaments and challenges for esports enthusiasts. Their core offerings include a matchmaking system that connects players with similar skill levels and an arena management tool that allows organizers to set up, manage, and promote gaming events. The platform aims to enhance the gaming experience by providing features such as secure login, user-specific content, and the ability to share content seamlessly across social media platforms. GBarena primarily serves a diverse client base that includes individual gamers, gaming communities, and corporate sponsors looking to engage in the esports market. The platform is accessible to users in various geographical markets, notably in regions with a high concentration of esports activity, including North America, Europe, and Asia.GBarena generates revenue through multiple channels, primarily by facilitating tournament registrations and offering premium features for event organizers. The company's transaction structure operates on a subscription model, where users can opt for different tiers of service based on their needs, enabling access to enhanced functionalities and exclusive content. Additionally, partnerships with brands for sponsored tournaments and advertisements contribute to the revenue stream. Revenue may also derive from transactional fees associated with player registrations for competitive events. While specific pricing plans for these services are not disclosed, it is evident that GBarena's business model focuses on maximizing user engagement and community involvement within the esports ecosystem.In October 2021, GBarena, Inc. raised USD 170,000 in SEED funding, which will be utilized to develop new services, including the creation of a digital store integrated with a unique GBarena coin currency for purchasing in-game items directly from the platform. The company is positioning itself to expand into new markets, targeting regions with growing esports communities, although specific regions and timelines have not been disclosed.

## Funding rounds

- Seed, Jan 3, 2020, $0.2M — HIMangel, The American University in Cairo
- Seed, Mar 26, 2019 — HIMangel

## Investors

- HIMangel (https://capitalatlas.ai/funds/himangel) — Seed
- The American University in Cairo — Seed